Yahoo, Singapore Press Holdings Settle Copyright Suit

SINGAPORE—Yahoo Inc. has agreed to pay unspecified damages and legal costs to settle a lawsuit filed by Singapore Press Holdings Ltd. over copyright infringement, the two companies said Monday. In a joint statement with Singapore Press Holdings, Yahoo Asia Pacific—formerly known as Yahoo Southeast Asia—acknowledged that its Singapore news website had "reproduced content from SPH newspapers without SPH's approval," and has undertaken not to "knowingly or intentionally infringe SPH copyrights." The move marked a reversal of Yahoo's position on the case that began nearly two years ago. The U.S. Internet giant had initially denied wrongdoing when Singapore's largest newspaper company ...